General Announcement::Intimation of raising external commercial borrowing (ECB) by Tata Motors Limited (Company)

Issuer & Securities

Issuer/ Manager: TATA MOTORS LIMITED
Securities: TATA MOTORUS$500M4.625%N200430 - XS1121907676 - 19RB
TATA MOTORUS$250M5.75%N241030 - XS1121908211 - 19SB
Stapled Security: No

Announcement Title: General Announcement
Date &Time of Broadcast: 07-Jun-2018 15:13:29
Status: New
Announcement Sub Title: Intimation of raising external commercial borrowing (ECB) by Tata Motors Limited (Company)
Announcement Reference: SG180607OTHRQK1S
Submitted By (Co./ Ind. Name): Hoshang Sethna
Designation: Company Secretary
Effective Date and Time of the event: 07/06/2018 17:00:00
Description (Please provide a detailed description of the event in the box below): This is with further reference to our letter Ref. No. Sc 15053 dated June 1, 2018 intimating regarding a tender offer in respect of U.S. $500,000,000 4.625 per cent Senior Notes due 2020 (Notes), inviting holders of the Notes (Noteholders) to offer to sell for cash to the Company the Notes held by the Noteholders (Tender Offer). To refinance a part of the principal amount, the Company proposes to raise ECB up to U.S.$250,000,000 from Lenders up to a maximum of U.S.$500,000,000 in accordance with the Master Direction - External Commercial Borrowings, Trade Credit, Borrowing and Lending in Foreign Currency by Authorised Dealers and Persons other than Authorised Dealers dated January 1, 2016 (as amended, replaced and modified from time to time) (collectively, the ECB Master Directions ) issued by the Reserve Bank of India.

The key terms and conditions of the facility agreement (Facility Agreement) dated June 6, 2018 entered into for the purposes of the ECB is attached herewith.

Total size =408K